SoftBank Group Corp.’s Vision Fund sold about US$2bil in Uber Technologies Inc stock after a rally in the ride-hailing giant’s shares, signaling it may cash in more gains from the sector in the future ... ( read original story ...)
Japan’s Stocks Poised to Trade Mixed With Country Reportedly Set to Expand State of Emergency
The Japanese government is set to expand the state of emergency to more areas on Wednesday, according to local media reports. ( read original story ...)
Japan to Expand Virus Emergency to Include Over Half Its Economy
Japan is set to expand the area under the coronavirus state of emergency beyond the Tokyo region, encompassing the country’s three largest economic hubs as a surge in virus cases continues to grow. ( read original story ...)
Trading App Offers $500 to Lure Investors to Open $5,000 Crypto Accounts
EToro is running the promotion in the U.S. as new crypto accounts surge, but it has also halted margin trading after Bitcoin hit a record high. ( read original story ...)
Crypto is now the world’s fifth-most circulated currency by value
A week into the new year, the market value of all the world’s cryptocurrencies surpassed $1 trillion. The record came at the end of a supercharged six-month bull run. At the end of June, the value of ... ( read original story ...)
All the world’s crypto is now worth more than $1 trillion
A week into the new year, the market value of all the world’s cryptocurrencies surpassed $1 trillion. The record came at the end of a supercharged six-month bull run. At the end of June, the value of ... ( read original story ...)
Ex-Softbank worker held for allegedly passing 5G secrets to boss Rakuten
A former Softbank Corp employee has been arrested in Japan on suspicion of illegally bringing 5G trade secrets to his new employer, Rakuten Mobile Inc, as it was preparing to launch its own mobile ... ( read original story ...)
Japan bank lending deposits rise despite pandemic problems
Japanese bank lending continued to rise in December to hit a fresh record, data showed on Tuesday, as companies kept piling up cash to weather the fallout from the coronavirus pandemic. Outstanding ... ( read original story ...)
It’s end of a sweet ride for Uber, says SoftBank’s Vision Fund
SoftBank Vision Fund’s loss of $17.7 billion had a lot to do with Uber’s failed IPO and the pandemic that brought the demand for ride-sharing to a standstill. ( read original story ...)
Nikkei ends at 30-yr high as drug makers rally on COVID-19 treatment news
Japan's benchmark Nikkei share average inched up to close at a fresh three-decade high on Tuesday, as drug makers led the charge on a report that Chugai Pharmaceutical's drug was effective in treating ... ( read original story ...)
Bitcoin is back above $36,000 but big investors are wary – Mark Cuban says crypto is ‘exactly’ like the dot-com bubble of the 1990s
Investor nerves and a higher dollar also hit crypto-confidence. Yet the Bitcoin price rose sharply on Monday evening and Tuesday morning, climbing more than 15% from Monday's low and breaching the $36 ... ( read original story ...)
Japan to reportedly widen state of emergency beyond Tokyo as Covid surges
The government is finalizing plans which could mean a state of emergency for about half of Japan's population of 126 million people. ( read original story ...)
Japan’s Price Expectations Weaken as Pandemic Stokes Deflation Fears
Japanese household inflation expectations hit an eight-year low in the three months to December, a central bank survey showed on Tuesday, suggesting the coronavirus pandemic has heightened ... ( read original story ...)
Japan November current account surplus rises 29%, up for third month
In the reporting month, the country's goods trade balance came to a surplus of ¥616.1 billion, up from a ¥20.0 billion deficit in the previous year. ( read original story ...)
Drug makers help Nikkei scale fresh 3-decade high
Japan's benchmark Nikkei share average recovered from early falls on Tuesday to hit a fresh three-decade high, with drug makers leading the charge following a report of another effective COVID-19 ... ( read original story ...)
Japan bank lending, deposits keep rising in Dec as pandemic strains persist
Japanese bank lending continued to rise in December to hit a fresh record, data showed on Tuesday, as companies kept piling up cash to weather the fallout from the coronavirus pandemic. TOKYO, Jan 12 ... ( read original story ...)